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Biden's $250K line of credit against Delaware beach home amid scandals remains a mystery

The White House has not explained the financial move despite repeated question

President Biden secured a $250,000 line of credit against his Delaware beach house amid a probe into his son Hunter Bidens' tax affairs and in the midst of his own classified documents scandal - a financial move that remains a mystery.

https://www.foxnews.com/politics/bidens-...ns-mystery

He's just trying to get in on the ground floor of his soon-to-be-announced mortgage debt forgiveness program.

Lawyers ain’t cheap.

(03-04-2023, 02:48 PM)NewJagsCity Wrote: [ -> ]He's just trying to get in on the ground floor of his soon-to-be-announced mortgage debt forgiveness program.

Lol .... capped at $250k of course !!! 

Yep, attorneys aren't cheap but this is a bad time to take out that type of loan, which is usually variable based on Prime + 2.5% (~7.50% interest rate total) assuming he has good credit ...